At the moment when the world celebrates World Electric Vehicle Day (EV Day), Brazil also shows that it is following the same path as other global powers, investing in policies and incentives to boost the EV market, such as IPVA exemption for EVs in several states and subsidies for companies that adopt electric fleets. Recently, the Brazilian government also announced a plan to expand charging infrastructure on highways, an essential step to increase consumer confidence and accelerate the adoption of electric commercial vehicles.
A Geotab Inc, (“Geotab”), a global leader in connected transportation solutions, released in July the report“Leading the Journey: Accelerating theROI through data-driven insights”, which shows that between 2022 and 2023, EV adoption increased globally on its platform, with the highest growth in South Africa (796%); Peru (289%); Mexico (248%) and Brazil (173%), indicating a strong stimulus for EV adoption in these regions.
Additionally, the company has an Innovation and Research Center in High Wycombe, England, since 2020, where it is dedicated to advancing the data intelligence needed to support the electrification of the transportation sector at scale. The center is home to some of the brightest minds in the industry, pioneering the development of cutting-edge technologies to support all types of connected vehicles. Focusing on providing innovative solutions, this space is leading the initiative for a cleaner and more sustainable future for transportation.
Industry collaboration drives sustainable change
Decarbonizing road transport through greater adoption of commercial EVs is essential to meeting climate goals. Road transport is responsible for more than75%of global CO2 emissions from transport, more than shipping and aviation, and road freight can emit more than100 timesmore CO2 than ships to transport the same load. In the US, medium and heavy-duty vehicles (MHDVs) account for only 5% of all vehicles and produce nearly 25% of the country's greenhouse gas emissions.
The theme for this year’s World Electric Vehicle Day, “Let’s drive the change, together” Let’s drive change, together), emphasizes the role of collaboration and data in accelerating the transition to electric vehicles (EVs) and promoting sustainable transportation solutions.
"Achieving sustainability goals is a huge effort that requires the collaboration of the entire sector," comments Neil Cawse, founder and CEO of Geotab. Advances in connected vehicle data insights and AI are helping organizations achieve ambitious goals. Working together will help accelerate progress as we share knowledge and real-world experiences.
In Brazil, companies like PepsiCo, Mercado Livre, and No Carbon include Geotab's solutions in their fleet electrification process. "When the right technology meets the right motivation, the electrification of commercial fleets ceases to be a distant dream. It may seem that we are just at the beginning, but each small victory in the adoption of EVs adds up to something much greater, bringing real benefits to global transportation and driving economic development in a more sustainable and innovative direction," reflects Eduardo Canicoba, vice president of Geotab in Brazil.
Companies simplify EV decision-making with data insights: Geotab’s Electric Fleet Migration Assessment (EVSA)
Making the transition to electric vehicles can be a complex decision for fleets, involving issues related to cost, charging, and operational changes. The tool ofMigration Assessment for Electric Fleet(EVSA) from Geotab simplifies the planning process for electric vehicle adoption by offering a customized electrification plan based on performance requirements, vehicle preference, and charging availability. She uses real-world EV performance data to determine which fleet vehicles have suitable electric substitutes, providing personalized recommendations, environmental impact, and financial forecasts to build a solid business case.
OneGeotab report on fleet electrificationIt was found that 41% of the light gasoline and diesel vehicles analyzed were considered "suitable for migration to EVs," being economical and with sufficient range, and that switching to electric vehicles could save approximately US$ 16,000 per vehicle over seven years on average. The environmental impact of converting all these vehicles could save approximately 19 million metric tons of CO2 emissions.
